This is a big deal. We’ve been tracking CoreOS since the beginning — we’re huge fans of Alex, Brandon and the team behind CoreOS.

Red Hat has signed a definitive agreement to acquire CoreOS, Inc., an innovator and leader in Kubernetes and container-native solutions, for a purchase price of $250 million.

Red Hat is a publicly traded company and while this announcement hasn’t really impacted shareholder value (yet), we, the open source community have been immeasurably impacted by the team behind CoreOS.